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| | | ... directly. "This is clearly a nod to the growth in the SMSF segment." A surprising outcome, however, was how under-represented the big four wealth management businesses are in the list of nominees. This suggests the impact of market consolidation and ... |
| | | | ... rates are driving clients away from term deposits and forcing banks to come up with alternative strategies. As many as 36,000 big four bank clients have left their term deposits during the last year, the Roy Morgan Consumer Single Source survey found. ... |
| | | | Australia is home to around 195,000 millionaire households, putting the country 14th in the global league tables, just ahead of India. The figure comes from the latest private wealth survey from management consultant, the Boston Consulting Group. Leading ... |
| | | | IOOF continues to grow its financial advice footprint after Bridges Financial Services acquired Credit Union Australia (CUA) financial planning division. Bridges, which is owned by IOOF, provides financial planning services to approximately 80% of the ... |
| | | | S&P 500 2000 here we come! It won't be long now. Yes Virginia, with the S&P 500 index less than 50 points away (or 2.5%) from the 2,000-point milestone it'll just a few more sleeps and it'll be there - my back of the envelope calculation show that the ... |
| | | | ... that provide the reader with a greater understanding of the issues being investigated." There is just one catch, and it's a big one. Citi Research has won this award for five years running - since ESG Research Australia was formed. So it begs the question ... |
| | | | ... and investment management industries universally welcomed the measures. REST chief executive Damian Hill01 called it "the big ticket item for superannuation" in the budget, while IFM Investors chief executive Brett Himbury02 said, "It is tremendous ... |
| | | | ... package. "The market is anticipating these measures, at least in the short term, to improve Europe's economy." At 1025 AEST, the big four banks had made solid gains. National Australia Bank had risen 26 cents to $33.49, Westpac was 18 cents higher to ... |
| | | | ... the legislated growth offered by the superannuation guarantee. "Even though it was a relatively immature industry that was a big attraction in terms of my career prospects and it was an easy decision," Franc remembers. He landed a job working on the ... |
| | | | JANA Investment's recent absorption of MLC Investment Management has seen a staffing restructure that has led to the departure of a key consultant. Former JANA consultant Neil Stanford has departed choosing to look for opportunities outside NAB, JANA ... |
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